HDFC to open eight more MFI branches

In an effort to grow from its four existing branches to twelve by the end of the year, Housing Development Finance Corporation (HDFC) plans to open eight more microfinance branches across the nation. The branches would be designed around the self-help group linkage model.

This effort is one in a larger trend by major financial institutions to enter into the MFI space. Micrcapital.org, the source for this article, explains as such:

HDFC’s recent market entry and rapid scaling-up of operations reflects a general recognition by prominent Indian banks that microfinance is a financially sustainable if not lucrative enterprise. Other recent market entrants include banking giants UTI and ICICI, holding total assets of USD 1.2 billion and RUP 3.9 trillion (USD 92.7 billion) respectively. Further details on this movement can be found in the MicroCapital story Commercial Banks in India Delve into Microfinance Investments.

We have also written numerous times on the evolution of microfinance and involvment of traditional players. You can read Prerna’s wonderful post on MFI and Private equity here.

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125 Comments

  1. UZZAL SARKAR
    Posted September 28, 2011 at 1:19 am | Permalink

    Dear Sir or Madam,

    I am UZZAL SARKAR, having FIVE years experience in Microfinance presently as A BRANCH MANEGER. I am looking for a good opportunity in your organization . willing to work anywhere please inform me. sir I am needy for batter jobs and if i get the oppertunity to work with your organization i would grate ful to you. Contact no-9932936785.
    Email ID-
    [email protected]

  2. sujit kr saha
    Posted October 2, 2011 at 12:08 am | Permalink

    Hi, This is Sujit kr Saha sales experience in pharma industries for all most eight years as Area Sales Executive & right now working in Arohan financials services pvt ltd for 1.5 years as a Branch head . Presently looking for a good opportunity in your organization. please inform me !

  3. Deepak
    Posted October 8, 2011 at 12:31 am | Permalink

    Hi,I have 6 years experience in mirofinace company ,noe currently work in Swadhaar microfinace last 3 years.now presently looking good opportunnity in your organization. contact-8652224149

  4. Manoj
    Posted October 8, 2011 at 10:28 pm | Permalink

    Hi, This is Manoj Unit manager of SKS microfinance LTD i have 5 years experience in microfinance i am seeking good opportunnity in jabalpur (MP) 9301130859.

  5. Rajendra Kumawat
    Posted October 10, 2011 at 9:50 am | Permalink

    I am rajendra Kumawat dear having four years experience in microfinance sector.Prsently i have holding branch manager in SKS microfinance. I am looking for a good oppartunity in your organization.Please give me a chance.

    ph no 9828979421

  6. Rajendra Kumawat
    Posted October 10, 2011 at 9:53 am | Permalink
  7. ashutosh mondal
    Posted October 15, 2011 at 3:44 am | Permalink

    Dear Sir,
    I am Ashutosh mondal, resident of Nadia, West Bengal. I have worked SKS Microfinance Ltd as a Unit Manager for last 2.2 years. Total experience 4.9years in micro finance sector. I looking for a good opportunity in your Organization. Kindly do the needful.
    Regards, Ashutosh

    Cont-9563881737

  8. ALKESH K. RATHOD
    Posted October 17, 2011 at 5:54 am | Permalink

    I AM INTRESTE FOR MICRO FINANCE DSA CODE. SO PLEASE SEND YOUR TERM AND  CONDITION OF DAS CODE

  9. Tapas Biswas
    Posted October 18, 2011 at 10:22 pm | Permalink

    sir, its nice to hear that hdfc going to open more branches in mfi sector. Sir i am a mfi employ in W.B. having 4 years experience in this sector to Bm and training executive,I WANT TO WORK WITH U. Please give me a chance. Thanks.

  10. Sandeep
    Posted November 14, 2011 at 12:04 am | Permalink

    Dear Sir / mam

    Iam Sandeep I am Completed My graduation Now I am Working In MFI Co As a brancjh manager I Want To Like Work In your Firm .

  11. Posted November 17, 2011 at 9:10 am | Permalink

    Dear Sir,

    I am Rajat Roy, having 7years experience in microfinance sector.Prsently I have I am working as a Regional Manager in Asa-International India Microfinance Pvt. Ltd. I am looking for a good oppartunity in your organization.Please give me a chance.

    ph no 9333573995, 9749643679,8436082040

  12. Posted November 17, 2011 at 9:11 am | Permalink

    Dear Sir,

    I am Rajat Roy, having 7years experience in microfinance sector.Prsently I have I am working as a Regional Manager in Asa-International India Microfinance Pvt. Ltd. I am looking for a good oppartunity in your organization.Please give me a chance.

    ph no 9333573995, 9749643679,8436082040

  13. Posted November 17, 2011 at 9:13 am | Permalink

    Dear Sir,

    I am Rajat Roy, having 7years experience in different ( Bandhan, Village , Ujjivan)microfinance sector.Prsently I have I am working as a Regional Manager in Asa-International India Microfinance Pvt. Ltd. I am looking for a good oppartunity in your organization.Please give me a chance.

    ph no 9333573995, 9749643679,8436082040

  14. pradip kuar saha
    Posted November 18, 2011 at 11:24 am | Permalink

    Dear Sir,
    I am Pradip umar saha,having 6 years experience in different MFI sector. My specialization is on reporting system of MFI operation i.e. specially on MIS & Accounting system. Moreover I have  also a industry best knowledge on different departmental work of MFI sector.I would be grateful to you if you give me an opportunity to work with you.

    Contact no–9830790085

  15. Posted November 20, 2011 at 10:05 pm | Permalink

    Dear Sir,
    I am suresh,having 8 years experience in two MFI sector. My specialization is on reporting system of MFI operation i.e. specially on MIS & two years field officer two years Audit and 4 years branch manager. Moreover I have also a industry best knowledge on different departmental work of MFI sector.I would be grateful to you if you give me an opportunity to work with you.

    Contact no–09634960385

  16. Dileep Kumar Bagmare
    Posted November 21, 2011 at 1:01 am | Permalink

    Dear Sir,
    I have three year experience in micro finance sector so i have submit resume for hdfc micro finance so please checked it.

  17. Dileep Kumar Bagmare
    Posted November 21, 2011 at 1:04 am | Permalink

    Dear Sir,

    I am Dileep Bgmare, having 7years experience in micro finance sector.Presently I have I am working as a Branch Manager in Sahayog Microfinance Ltd. I am looking for a good opportunity in your organization.Please give me a chance.
    M- 8103424634,9300159662

  18. vijaysekar
    Posted November 24, 2011 at 9:05 am | Permalink

    Dear Sir,I have three year experience in micro finance sector so i have submit resume for hdfc micro finance so please checked it. m-9840975645

  19. Posted December 3, 2011 at 9:10 am | Permalink

    Hi Sir/Madum,

    I am Brahmanandareddy H, now i am working as an internal Auditor in GFSPL and i had M Com Graduate and also i have 05 years experience in Finance & Auditing field,now i am seeking another jobs in other co’s if there is vecancies plz call me the below mentioned Cell No:9964879420

  20. Sardar Yadav
    Posted December 14, 2011 at 1:31 am | Permalink

    This is Sardar Yadav , I have 4 Years Experince in microfinance Sector and I Interested the Join HDFC Microfinance Please give me Opprotuonity………….!!!

  21. Bharat Mehta
    Posted December 15, 2011 at 4:47 am | Permalink

    Dear sir i have two years exp.in MFI sector (Desg. Auditor) and i want to job in MFI.

  22. vimal kumar
    Posted January 10, 2012 at 11:16 am | Permalink

    Dear sir
    i m intrested ur Oganization and i have3.6 yrs Experianced in ujjivan Finanacial Sevices Pvt Ltd . i m Pursing M.B.A.for Symbiosis Pune . pLz give me Opprotuonity .. and my mob. no.09368202011,09368009099.

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